High Grade Gold-Cobalt Resource Expansion in Finland - Mawson ...
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High Grade Gold-Cobalt Resource Expansion in Finland
Corporate Presentation
January 2020
@mawsonresource TSX : MAW; OTCPINK : MWSNF www.mawsonresources.comDisclaimer
Accuracy of Information: Readers are directed to the public disclosure of Mawson Resources Limited (“Mawson”) available under
Mawson’s profile on the System for Electronic Document Analysis and Retrieval (“SEDAR”) at www.sedar.com. Information
contained in this presentation was believed to be accurate at the time it was posted, but may be superseded by more recent public
disclosure of Mawson. Mawson makes no representations or warranties as to the accuracy, reliability, completeness or timeliness of
the information in this presentation.
Forward-Looking Information: Some of the statements contained in this presentation may be forward-looking statements or
forward-looking information within the meaning of applicable securities laws (collectively, "forward-looking statements"). All
statements herein, other than statements of historical fact, are forward-looking statements. Although Mawson believes that such
statements are reasonable, it can give no assurance that such expectations will prove to be correct. Forward-looking statements are
typically identified by words such as: believe, expect, anticipate, intend, estimate, postulate, and similar expressions, or are those,
which, by their nature, refer to future events. Mawson cautions investors that any forward-looking statements are not guarantees of
future results or performance, and that actual results may differ materially from those in forward-looking statements as a result of
various factors, including, but not limited to, capital and other costs varying significantly from estimates, changes in world metal
markets, changes in equity markets, planned drill programs and results varying from expectations, delays in obtaining results,
equipment failure, unexpected geological conditions, local community relations, dealings with non-governmental organizations,
delays in operations due to permit grants, environmental and safety risks, and other risks and uncertainties disclosed under the
heading "Risk Factors" in Mawson's most recent Annual Information Form filed on www.sedar.com. Any forward-looking statement
speaks only as of the date on which it is made and, except as may be required by applicable securities laws, Mawson does not
assume the obligation to revise or update forward-looking statements or information that may be contained in this presentation or to
revise them to reflect the occurrence of future unanticipated events.
NI 43-101 Technical Report: On December 19, 2018, Mawson filed an independent National Instrument 43-101 Technical Report
(the “NI 43-101 Technical Report”) on the Mineral Resource Estimate for the Raja and Palokas Prospects, at the 100% owned
Rajapalot Project in Finland, (the “NI 43-101 Technical Report”), in support of the Company’s news release dated December 17,
2018. The NI 43-101 Technical Report was authorized by Mr. Rod Webster of AMC Consultants Pty Ltd (“AMC”) of Melbourne,
Australia, and Dr. Kurt Simon Forrester of Arn Perspective of Surrey, England. Each of Mr. Webster and Dr. Forrester are
independent “qualified persons” as defined by National Instrument 43-101. The NI 43-101 Technical Report may be found on the
Company’s website at www.mawsonresources.com or under the Company’s profile on SEDAR at www.sedar.com.
Qualified Person: The qualified person for Mawson’s projects, Nick Cook, President for Mawson, and a Fellow of the Australasian
Institute of Mining and Metallurgy, has reviewed and verified the contents of this presentation.
15 January 2020
2Building Ounces: Runway
▪ Dec 2018: Maiden Inferred Resource 7.4Moz Au
Kittilä mine
▪ 424kOz AuEq Constrained, 4.3Mt @ 3.1
AuEq, 2.3g/t Au, 430ppm Co
▪ June 2019: Post the 15km Drill Program Just
Completed
▪ 0.8-1.0 million ounces exploration target
between 3-5 g/t AuEq*
▪ Now: Nov 19- Apr 20
▪ 15km drilling
▪ Aim: +1.3 - 1.5 million ounces exploration
target between 3-5 g/t AuEq*
▪ 2020: Further C$15M investment
▪ Exploration target ranging between 2.5-3.0
million ounces at between 4-6 g/t AuEq*
M&I.
100 km
*The potential quantity and grade of the exploration target is conceptual in nature, there has been insufficient
exploration to increase the mineral resource and it is uncertain if further exploration will result in the
exploration target being delineated as a mineral resource. 3Investment Highlights
▪ The most advanced gold-cobalt resource discovery in Finland;
▪ Five drill rigs now in operation in Finland;
▪ Updated Resource: The current and ongoing15km drill program (Nov
’19 - April ‘20) aims to infill and extend the Palokas, South Palokas and
Raja resource areas delivering the data for an updated resource
estimate at the end of Q2 2020;
▪ Substantial Exploration Target: Prior to this program an exploration
target of 0.8-1.0 million ounces between 3-5 g/t gold equivalent ("AuEq")
is estimated to exist at the Rajapalot project.*
▪ Effective Drill Targeting: Based on discovery success from earlier this
year, drilling will be directed by geologic controls of high-grade gold
zones and fixed loop electromagnetic (“EM”) conductors, with further
targeting refined by down hole EM (“DHEM”);
▪ Building ounces: to date 70-90,000 oz AuEq per 100 metre of
mineralization drilled within each of 3 mineralized bodies
▪ Drill hits in early 2019 include 19.7 metres @ 7.4 g/t gold (“Au”) and 908
ppm Co, 8.9 g/t AuEq and 31.3 metres @ 4.3 g/t Au, 1,030 ppm Co, 6.0
g/t AuEq
▪ Fully permitted for summer and winter drilling for next 2.5 years
▪ Exceedingly strong local support, cobalt a strategic resource
*The potential quantity and grade of the exploration target is conceptual in nature, there has been insufficient exploration to define a
mineral resource and it is uncertain if further exploration will result in the exploration target being delineated as a mineral resource. 4Nordics: Rocks & Opportunity
The World´s Highly Prospective Mineral Regions
▪ Metal basket of Europe
▪ +500 year history,
many Tier 1 projects
▪ Reformation since early
1990’s. Clear guidelines
Map by Risto Pietilä
Finland is the new “Klondike”, new discoveries, shallow cover, entry of significant players
5Finland is a Mining Country
Kittilä Snapshot
Investment Attractiveness Index - Europe 2018 Production
188,979 ounces
7.4Moz Au Production cost
Kittilä mine $831/oz gold
“The top jurisdiction in Europe for Total cash costs
$853/oz gold
investment based on the Investment Proven and
Attractiveness Index is Finland.” Probable Grade
4.5g/t Au
Finland hosts the largest primary gold producer in Europe
Huge Benefits for Developers
▪ Safe ▪ Skilled workforce
▪ Cheap Grid Power ▪ Airport
▪ Water ▪ No FIFO
▪ Roads ▪ 20% tax 100 km
6Rompas-Rajapalot: A Big New Camp
Rajapalot average hole depth 114 metres
83% of 49 km DDH in last 3 seasons
2018:
33.6 metres @ 8.0 g/t gold,
823 ppm cobalt
2019:
19.7 metres @ 7.4 g/t gold,
908 ppm cobalt
2011:
6 metres @ 617 g/t gold
including
1 metre @ 3,540 g/t gold
7TSX/TSX-V European Gold Projects
Top 10% of all TSX/TSX-V, European-based companies gold-containing drill hits ranked by
AuEq. x metres
Opaxe took all relevant reports, and further filtered them so that each unique project was only stated once (with the top intercept reported for that project). 31 unique projects were identified
along with the top intercept reported for that unique project and this list is provided in the 'Drill hits - top per project' sheet. The top Mawson Resources report from the Rompas-Rajapalot
project is provided in red for easy identification. The above graph shows the top intercept for each project ranked by AuEq. x meters for each of the 31 unique projects in the opaxe database.
Mawson Resources had the highest AuEq. x meters intercept with a 6m @ 616.7g/t Au intercept from 2012 (giving a AuEq. x m result of 3700.2) 8Finnish Gold Projects – Grade and Width
Mawson leading in grade and width
AuEq g/t Finland Projects: Drill hole intersections - grade versus width
Interval Width (m)
AuEq g/t
Interval Width (m)
Opaxe took all relevant reports, and further filtered them so that each unique project was only stated once (with the top intercept reported for that project). 31 unique projects were identified
along with the top intercept reported for that unique project and this list is provided in the 'Drill hits - top per project' sheet. The top Mawson Resources report from the Rompas-Rajapalot
project is provided in red for easy identification. The above graph shows the top intercept for each project ranked by AuEq. x meters for each of the 31 unique projects in the opaxe database.
Mawson Resources had the highest AuEq. x meters intercept with a 6m @ 616.7g/t Au intercept from 2012 (giving a AuEq. x m result of 3700.2) 9How it all started: 9 Boulder Fields
▪ Rajapalot: 160 boulders >0.1 g/t gold have been discovered within a 4 x 3 km2 area;
▪ Gold grades range from 0.1 g/t gold to 3,870 g/t gold, with an average of 74.9 g/t gold
and median of 0.71 g/t gold;
▪ Source of three of nine gold bearing boulder fields remain to be discovered.
1 km
10Rajapalot Upside
Palokas
South Palokas > 10 g/t AuEQ
2 -10 g/t AuEQ
0.5 - 2 g/t AuEQ
Existing Resource Dec 2018
The Hut ?
Expansion below resource
post 15km drilling Jan-April 2019
Untested resource expansion
(1,500m of trend to 800m depth, building
70-90,000oz Au per 100 linear m)
Drilling these areas now
Raja Pre-resource drilling areas
Rumajärvi
Modelled EM Plates
(various colours)
11Rajapalot – Oblique section view
North South
Palokas South The Hut Rumajärvi Raja
340° 160°
A Palokas B
250 m
?
?
?
Plan A
view
North
> 10 g/t AuEQ
2.5 km
2 -10 g/t AuEQ
0.5 - 2 g/t AuEQ B
12Kittilä Mine ……..Versus Rajapalot Composite Long Section Source: s21.q4cdn.com/374334112/files/doc_downloads/GeologyMaps/June2019/Kittila-Mine-Composite-Longitudinal-Section.png 13
Raja Prospect: Long Section
14Raja – Block Diagram and Cross Section
15Palokas to South Palokas
View 60 degrees towards 150 degrees
16
16Palokas: Long Section
Down-plunge area possible
to drill test all year-round
17Finland’s Strategic Cobalt
New Exploration
Technologies
▪ Finland refines half the world’s cobalt outside of China. The world’s largest cobalt refinery is
located 400 kilometres to the south of Rajapalot
▪ CRU estimates refining of 22,734 tonnes of cobalt in Finland (2017) (or 18.4% of world refined
cobalt production of ~123,000 tonnes), with 90% of Finnish refined cobalt sourced from several
Chinese-owned mines in the DRC
▪ Meanwhile, Finland mines just 650 tonnes or 0.5% of the world's cobalt
▪ Finland and Sweden are on the hunt for an ethical sources with a traceable ledger for cobalt,
considered crucial for achieving climate goals. Mawson can support Finland’s ethical and
sustainable needs.
18Rajapalot Gold Metallurgical Test Work
▪ Excellent results of total 95% - 99% (average 97%) obtained by a combination
of gravity (26-48%) and conventional cyanidation*
*SGS Cornwall
▪ Mineralogical work shows cobalt hosted in cobaltite (85% mass) and linneate (15% mass) in
certain areas and cobalt pentlandite only in other areas
19Rajapalot Mineral Processing
Possible Implications for Mineral Processing Options
▪ Liberation of gold and cobalt in the two heaviest gravity fractions exceeds 90 per cent with
50 micron grinding;
▪ Native gold (>95% as single grains) and cobaltite dominant
▪ Locked Cycle Test Work Planned Q3 2019
20Next 12 Month Technical Program
Aim: 1.3 - 1.5 million ounces exploration target between 3-5 g/t AuEq* by Q2/3 2020
2019 2020
Aug Sept Oct Nov Dec Jan Feb Mar Apr May Jun Jul
Resource Expansion Drilling 15km total
Environmental Permitting – moving to PEA/EIA after next resource upgrade
EM plus gravity
Resource
Upgrade
Summer Work Winter Work
*The potential quantity and grade of the exploration target is conceptual in nature, there has been insufficient exploration to increase the mineral resource and it is uncertain if further
exploration will result in the exploration target being delineated as a mineral resource. 21Ownership & Capital Structure
Capitalization Summary Major Shareholder Summary
Share Price (Jan. 16, 2019) C$0.25 Shares (M) %
Basic Shares Outstanding 191.8M Sentient 37.8 19.7
Newmont Goldcorp 18.0 9.4
Fully Diluted 249.0M
Basic Market Capitalization C$47.9M Other Institutions 70.5 28.8
TOTAL 126.2 65.8
Cash (est. Jan. 16, 2020) C$6.2M
Insiders 7.4 3.9
TOTAL ENTERPRISE VALUE C$41.7M
Warrants and Options Share Price Performance – 1 Year
Exchanges: TSX : MAW; OTCPINK : MWSNF; Frankfurt : MXR
22Discovery is About Leadership
Directors Management Advisers
Noora Ahola Michael Hudson
Georgina Carnegie
Environmental Chairman & CEO
29 yrs Geology, Capital Ex: World Bank, OECD
Nick DeMare Markets
Dr. Erkki Vanhanen
CPA
Dr. Nick Cook Finnish Gold Exploration
David Henstridge President
Geologist 25 yrs Geology
Michael Hudson Noora Ahola
Geologist Environmental Director
12 yrs Finnish Env. Admin.
Colin Maclean
Mariana Bermudez
Geologist / Finance
Corporate Secretary
Mark Saxon
Tapani Hyysalo
Geologist Manager Operations Finland
Philip Williams Nick Demare
Corporate Finance CFO
23Summary
▪ Significant and strategic regional-scale gold-cobalt discovery in Northern Finland
▪ Updated Resource: The current and ongoing15km drill program (Nov ’19 - April ‘20) aims to infill
and extend the Palokas, South Palokas and Raja resource areas delivering the data for an
updated resource estimate at the end of Q2 2020;
▪ Substantial Exploration Target: Prior to this program an exploration target of 0.8-1.0 million
ounces between 3-5 g/t gold equivalent ("AuEq") is estimated to exist at the Rajapalot project.*
▪ Effective Drill Targeting: Based on discovery success from earlier this year, drilling will be
directed by geologic controls of high-grade gold zones and fixed loop electromagnetic (“EM”)
conductors, with further targeting refined by down hole EM (“DHEM”);
▪ Building ounces: to date 70-90,000 oz AuEq per 100 metre of mineralization drilled within
each of 3 mineralized bodies
▪ Fully permitted for summer and winter drilling for next 2.5 years
▪ Cobalt a strategic resource for Finland, strong local support for project
*The potential quantity and grade of the exploration target is conceptual in nature, there has been insufficient exploration to define a mineral resource and it is uncertain if further
exploration will result in the exploration target being delineated as a mineral resource.
24Contact Us
MAWSON RESOURCES LTD MAWSON OY
INVESTOR RELATIONS (CANADA) SUOMI (FINLAND)
Mariana Bermudez Noora Ahola
- Corporate Secretary Environmental Director
Tel: +1 (604) 685 9316 Ahjotie 7, 96320 Rovaniemi,
Fax: +1 (604) 683 1585 Finland
info@mawsonresources.com nahola@mawson.fi
251.78Ga – Late and Straight (a model)
262018 Resource, 2019/20 Drill Increase
▪ Maiden inferred resource estimate has potential to grow substantially, as demonstrated
by 2019 drill results:
▪ Palokas – Tripled down-plunge extensions
▪ South Palokas – Tripled down-plunge extensions
▪ Raja – high-grade core further defined and extended to NNW
▪ The Hut and Rumajärvi: new discovery areas
• Drilling is the key to building resources – the knowledge base for successful drilling is in
place
Cut-off Tonnes AuEq (g/t) Au (g/t) Co (ppm) AuEQ Au (koz) Co
(AuEq) (kt) (koz) (tonnes)
Raja Pit 0.37 2,499 3.1 2.4 410 249 197 1,021
Raja UG 2 356 5.6 4.8 500 64 55 179
Raja Total 2,855 3.4 2.7 420 312 252 1,201
Palokas Pit 0.37 1,306 2.2 1.4 450 92 60 587
Palokas 2 96 3.6 2.7 560 11 8 54
UG
Palokas 1,402 2.3 1.5 460 104 69 640
Total
Total Pit 0.37 3,805 2.8 2.1 420 343 257 1,608
Total UG 2 452 5.2 4.4 520 76 63 233
Total 4,257 3.1 2.3 430 424 320 1,841
27MAW Leading Finnish Grade and Width
Announcement Date Project Status Company Name Market Project Commodities Report_Highlights True width details Interval AuEq. AuEq. x m
Drilling results incl. 6m @ 616.7g/t Au Drill intersections are estimated to be 70 to 90 per cent of the
1 31/05/2012 Exploration Mawson Resources Ltd. TSXFWB Rompas-Rajapalot Gold-Cobalt
from 7m true width
6.0 616.7 3700
Drilling results incl. 2.90m @ 789.06g/t
2 19/09/18 Exploration Aurion Resources Ltd. TSX-V Risti Gold
Au from 116.10m
All lengths are core widths and may not represent true widths. 2.9 789.1 2288
Drilling results incl. 10.5m @ 3.7g/t Au
3 25/10/18 Resource definition Agnico Eagle Mines Ltd. TSXNYSE Kittila Gold
from 173.0m
Estimated true width 10.5m 105.0 3.7 389
Drilling results incl. 33.6m @ 8.0g/t Au,
4 27/06/18 Exploration Mawson Resources Ltd. TSXFWB Rompas-Rajapalot Gold-Cobalt
823ppm Co from 243.0m
"Width" 33.55m, otherwise not mentioned 33.6 9.6 323
Drilling results incl. 31.7m @ 8.4g/t Au the true thickness of the mineralized interval is interpreted to be
5 2/03/18 Exploration Mawson Resources Ltd. TSXFWB Rompas-Rajapalot Gold
from 244.05m approximately 90% of the sampled thickness
31.7 8.4 266
Drilling results incl. 28.22m @ 9.42g/t
6 26/06/19 Exploration Aurion Resources Ltd. TSX-V Risti Gold
Au from 69.86m
The estimated true thickness of the zone is 70% of core length 28.2 9.4 266
Drilling results incl. 30.8m @ 7.1g/t Au, the true thickness of the mineralized interval is interpreted to be
7 14/05/18 Exploration Mawson Resources Ltd. TSXFWB Rompas-Rajapalot Gold-Cobalt
525ppm Co from 2.5m approximately 90-95% of the sampled thickness
30.8 8.2 253
Drilling results incl. 1.0m @ 245.0g/t Au
8 19/01/17 Mining Rupert Resources Ltd. TSX-V Pahtavaara Gold
from 125m
True width of 0.9m 1.0 245.0 245
Drilling results incl. 9.0m @ 22.75g/t Au
9 20/04/17 Resource definition Rupert Resources Ltd. TSX-V Pahtavaara Gold
from 6.0m
True width of 5.9m 9.0 22.8 205
Drilling results incl. 5.4m @ 37.6g/t Au True thickness of mineralized intervals is interpreted to be
10 9/02/17 Exploration Mawson Resources Ltd. TSX FWB Rompas-Rajapalot Gold
from 2.5m approximately 90% of the sampled thickness
5.4 37.6 203
Drilling results incl. 23.8m @ 7.4g/t Au
11 25/07/19 Resource definition Agnico Eagle Mines Ltd. TSXNYSE Kittila Gold
from 158.6m
Estimated true width of 23.8m 23.8 7.4 176
Drilling results incl. 4.00m @ 42.28g/t
12 5/02/19 Exploration Aurion Resources Ltd. TSX-V Risti Gold
Au from 40.0m
True width is not known at this time 4.0 42.3 169
Drilling results incl. 31.3m @ 4.3g/t Au, the true thickness of the mineralized interval is interpreted to be
13 23/04/19 Resource definition Mawson Resources Ltd. TSXFWB Rompas-Rajapalot Gold-Cobalt
1030ppm Co from 298.6m approximately 90% of the sampled thickness
31.3 5.2 162
Drilling results incl. 19.7m @ 7.4g/t Au, the true thickness of the mineralized interval is interpreted to be
14 28/05/19 Resource definition Mawson Resources Ltd. TSXFWB Rompas-Rajapalot Gold-Cobalt
908ppm Co from 371.0m approximately 90% of the sampled thickness
19.7 8.1 160
Drilling results incl. 6m @ 25.2g/t Au
15 26/06/17 Resource definition Rupert Resources Ltd. TSX-V Pahtavaara Gold
from 7m
True width of 5.8m 6.0 25.2 151
Drilling results incl. 33.0m @ 3.1g/t Au the true thickness of the mineralized interval is interpreted to be
16 4/09/18 Exploration Mawson Resources Ltd. TSXFWB Rompas-Rajapalot Gold-Cobalt
547ppm Co from 38.7m approximately 90% of the sampled thickness
33.0 4.0 132
Drilling results incl. 21.7m @ 5.7g/t Au
17 26/10/17 Mining Agnico Eagle Mines Ltd. TSX NYSE Kittila Gold
from 119.0m
Estimated true width 21.7m 21.7 5.7 124
Drilling results incl. 30.m @ 3.9g/t Au
18 17/01/18 Exploration Aurion Resources Ltd. TSX-V Risti Gold
from 230.0m
True widths are unknown at this time 30.0 3.9 117
Drilling results incl. 10m @ 11.6g/t Au The true thickness of the mineralized interval is interpreted to be
19 21/02/17 Exploration Mawson Resources Ltd. TSX FWB Rompas-Rajapalot Gold
from 110.20m approximately 90% of the sampled thickness
10.0 11.6 116
Drilling results incl. 17.0m @ 6.8g/t Au true widths (TW) cannot be determined from the information
20 1/03/18 Resource definition Rupert Resources Ltd. TSX-V Pahtavaara Gold
from 61.0m available
17.0 6.8 116
Drilling results incl. 8.9m @ 12.9g/t Au
21 29/04/19 Resource definition Agnico Eagle Mines Ltd. TSXNYSE Kittila Gold
from 561.2m
Estimated true width of 8.9m 8.9 12.9 115
Drilling results incl. 2.75m @ 34.3g/t Au
22 1/03/17 Resource definition Rupert Resources Ltd. TSX-V Pahtavaara Gold
from 33.75m
true width not mentioned 2.8 34.3 94
Drilling results incl. 15.2m @ 4.3g/t Au, the true thickness of the mineralized interval is interpreted to be
23 3/06/19 Resource definition Mawson Resources Ltd. TSXFWB Rompas-Rajapalot Gold-Cobalt
2566ppm Co from 418.7m approximately 90% of the sampled thickness
15.2 6.2 94
Drilling results incl. 5.0m @ 18.09g/t Au
24 21/01/19 Exploration Firefox Gold Corp. TSX-V Mustajarvi Gold
from 124.0m
true widths are not yet known 5.0 18.1 90
Drilling results incl. 27m @ 3.3g/t Au the true thickness of the mineralized interval is, at this stage,
25 2/05/17 Exploration Mawson Resources Ltd. TSX FWB Rompas-Rajapalot Gold
from 64m unknown
27.0 3.3 89
Drilling results incl. 23.1m @ 3.4g/t Au the true thickness of the mineralized interval is interpreted to be
26 10/04/18 Exploration Mawson Resources Ltd. TSXFWB Rompas-Rajapalot Gold
from 368.1m approximately 90% of the sampled thickness
23.1 3.4 79
Drilling results incl. 32.0m @ 1.4g/t Au, the true thickness of the mineralized interval is interpreted to be
27 13/06/19 Resource definition Mawson Resources Ltd. TSXFWB Rompas-Rajapalot Gold-Cobalt
1556ppm Co from 294.3m approximately 90% of the sampled thickness
32.0 2.4 75
Drilling results incl. 21.0m @ 3.2g/t Au, the true thickness of the mineralized interval is interpreted to be
28 2/07/19 Exploration Mawson Resources Ltd. TSXFWB Rompas-Rajapalot Gold-Cobalt
481ppm Co from 417.0m approximately 90% of the sampled thickness
21.0 3.5 73
Drilling results incl. 21.0m @ 3.2g/t Au, the true thickness of the mineralized interval is interpreted to be
29 18/07/19 Exploration Mawson Resources Ltd. TSXFWB Rompas-Rajapalot Gold-Cobalt
482ppm Co from 417.0m approximately 90% of the sampled thickness
21.0 3.5 73
Drilling results incl. 4.0m @ 17.7g/t Au true thickness of the mineralized interval is interpreted to be
30 22/05/18 Exploration Mawson Resources Ltd. TSXFWB Rompas-Rajapalot Gold-Cobalt
from 246m approximately 90% of the sampled thickness
4.0 17.7 71
28Comparables
Aurion Resources Ltd (TSXV:AU) C$168.2M
www.aurionresources.com
Rupert Resources Ltd (TSXV:RUP) C$95.2M
www.rupertresources.com
Mawson Resources Ltd (TSX:MAW) C$47.9M
www.mawsonresources.com
Firefox Gold Corp. (TSXV:FFOX) C$3.9M
www.firefoxgold.com
* Updated as of Jan. 16, 2019
29Kittilä Timeline
77 drill holes Riddarhyttan 468 drill holes 2.6 Moz 7.4 Moz
Two campaigns 9319m Public tender 143km 16Mt @ 5.1g/t Au 26.9Mt @ 4.7g/t Au
1987-1997 April 1998 1998-2005 2007 2017
02 04 06 08 10
5.7 Moz Au
1986 1996 ML 2003
2006 2008 2016
PIVOT
01 03 05 07 09
Discovery GTK 0.285 Moz Agnico Mine 575 drill holes
Visible Gold SSW 1.5Mt @ 5.9 g/t Au Acquisition Decision 140 km
Suurikuusikko (285K Oz Au) 2005 2006 2006-2008
1986 1997 US$150 million
First Resource Published 30You can also read